Mehul Shah Elected President Of WFDB
Mehul Shah, Vice President of the Bharat Diamond Bourse, has been elected President of the World Federation of Diamond Bourses. The election occurred during the World Diamond Congress in Singapore, marking a significant leadership shift for the global diamond trade.
Why it matters
This appointment highlights India's growing influence in the global diamond industry and sets the agenda for future trade policies.
0 Mehul Shah, Vice President of Bharat Diamond Bourse, has been elected President of the World Federation of Diamond Bourses (WFDB), the apex global body of the diamond trade comprising 26 Diamond Bourses from across the globe and six affiliated members. The election took place on Monday, July 12, during the ongoing World Diamond Congress which is currently underway in Singapore.
Leaders of the 21 global diamond bourses attending the Congress voted to elect the new office bearers.
Mehul Shah was elected from among 3 candidates by a significant majority in the very first round. Luigi Cosma, President Borsa Diamanti d’Italia, and Philippe Barsamian of Antwerp were elected Vice Presidents of WFDB. They have supported Shah’s vision for the Federation.
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